Market Reports

Competitive pricing is the story of the summer. The theme was highlighted in Rightmove’s latest House Price Index, with asking prices dropping 1.2% in July to an average of £373,709. This adjustment reflects the improved supply of properties for sale.

We have reached the midpoint of 2025. The first half of the year has been surprisingly steady but what happened in the last four weeks? We take a look at the trends shaping the current UK property market.

Both portal heavyweights provided a monthly snapshot of the sales market in May. As ever, Rightmove focused on asking prices. The UK’s average asking price for new instructions increased 0.6%, with a more expensive advertised price of £379,517.

How did April pan out in the property market? We take a look at the price reports and moving trends to inform your next move. Plus, we’re discussing Donald Trump and his surprising effect on the UK mortgage market.

House prices continued to be a point of property fascination. The figures are divided into two: asking prices and sold prices. Asking price trends give us a brilliant snapshot of how positive the market is. 

February was a short month but that doesn’t mean we were short on property news. All eyes were on the latest Rightmove House Price Index to see how activity was faring. In summary, everything is on the up.

January is over and it’s time to start evaluating whether the predictions for 2025 are ringing true. Did people act on New Year’s resolutions to look for a new home? Was there the forecast rush to complete before the new stamp duty rates?

December is an interesting month in the property calendar. It’s a time when we look back at the year just gone and speculate about the 12 months ahead. December 2024 was also a month where serious buyers and sellers didn’t succumb to Christmas distractions.

With stamp duty rates changing for many buyers from 1st April 2025, many movers are stepping up their search for a property at a traditionally quiet time in the market. This sentiment was reflected in Rightmove’s November House Price Index. The portal said the number of sales being agreed is 26% higher now, when compared to the same period in 2023.

The first Labour Budget for 14 years was a hotly anticipated political event, with rumours swirling in the build-up. Now, with Rachel Reeves safely back in No. 11, we can start digesting the contents. Here is what’s relevant to home movers.

More rain, less daylight, kids back to school? It can only mean one thing. Autumn is here. September usually marks the start of a peak in the property calendar and 2024 proved no different.

Finally some proper summer weather has arrived but are we looking at a property market also about to heat up? It’s a case of ‘steady as she goes’ in July, with consistent activity. There are, however, indications that more home movers are primed to take action soon.

Politics, especially the period before an election, can be hard to keep tabs on. With a new Labour Government assembled, our job is to make sense of what was contained in the party’s manifesto, what was verbally discussed by then shadow ministers and what will actually be delivered now Sir Keir Starmer is Prime Minister.